The coronavirus crisis: Wake-up call for an economic paradigm shift¹

This article was originally posted on National Newswatch The Trudeau government recently signed an agreement with Amazon to distribute essential medical supplies across Canada in partnership with publicly owned Canada Post and Purolator. Its dependence on Amazon at time of crisis—a corporation with dangerously unsafe workplaces, and an aggressive anti-union…
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A tribute to Mel Watkins

Mel Watkins was a towering intellect whose body of work shaped the thinking of generations of students, scholars, politicians, journalists and activists, myself included. As a professor of political economy at the University of Toronto, Mel rejected the arcane pose of the economics profession. His writing was lucid, elegant and…
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Federal support package: the pros, the cons, and the next shoe to drop

Here are some quick thoughts on the extensive package of emergency measures announced today by Prime Minister Trudeau, Finance Minister Morneau, and Bank of Canada Governor Poloz: The Pros: The government has worked quickly and creatively to find ways to deliver support to Canadians, and fast – using the infrastructure…
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Protecting workers is key to protecting public health

Financial markets missed the memo about not panicking over COVID-19. They panicked, big time: several days of gut-wrenching drops that wiped more than 10% (or US$7 trillion) from worldwide valuations. The meltdown quickly caught the attention of policy-makers, who are now moving heaven and earth to reassure financiers their money…
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What’s next for the new NAFTA? And what, if anything, can Canadians do about it now?

Implementing legislation for the new Canada­–U.S.–Mexico Agreement (CUSMA) is now before the House of Commons. While the U.S. and Mexico have already ratified the deal, our parliamentarians can still examine the 2,000-page text, which will have lasting impacts on many matters far beyond trade. The opposition parties have called for…
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Inconvenience and indifference

Indifference, said Antonio Gramsci, is “the mainspring of history.” By that he meant it is not the active few who determine what comes to pass, for better or worse, but “the absenteeism of the many.” The indifferent masses, he said, “allow the knots to form that in time only a…
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